Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
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Oyo parent Prism gets shareholder nod to raise $742m via IPO
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Samsung Electronics unit Harman to acquire ZF Group's ADAS biz for $1.8b
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Healthcare-focused Somerset Indus ropes in Proparco as LP in third fund
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India Digest: Dugar Finance; PowerUp Money in funding news
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General Atlantic acquires majority stake in Indonesia’s Sociolla
SE Asia PE market levels up as IPOs, secondaries hit post-pandemic high
Consumer platforms DALI, CarDekho SEA eye fresh funding
IFC weighs $20m investment in Malaysian fintech Boost Holdings
Buoyed by policy reboot, Vietnam expects deal cycle to return
Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
India
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.
